DSV (OTCMKTS:DSDVY) Sees Large Volume Increase – Here’s What Happened

DSV (OTCMKTS:DSDVY) saw unusually-strong trading volume on Friday . 128,495 shares changed hands during trading, an increase of 39% from the previous session’s volume of 92,553 shares.The stock last traded at $110.80 and had previously closed at $107.34.

Analyst Upgrades and Downgrades

DSDVY has been the subject of a number of research reports. Citigroup reissued a “buy” rating on shares of DSV in a research note on Thursday, July 9th. Zacks Research cut DSV from a “hold” rating to a “strong sell” rating in a research note on Friday, June 19th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of DSV in a research report on Thursday, July 16th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of DSV in a research report on Thursday. Four analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, DSV presently has a consensus rating of “Moderate Buy”.

DSV Stock Performance

The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.92 and a current ratio of 0.97. The company has a market cap of $52.67 billion, a PE ratio of 34.77, a PEG ratio of 0.85 and a beta of 1.19. The business’s 50-day moving average is $121.81 and its 200 day moving average is $127.10.

DSV (OTCMKTS:DSDVY) last announced its quarterly earnings data on Wednesday, April 29th. The company reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.15. The firm had revenue of $11.03 billion for the quarter, compared to analysts’ expectations of $10.89 billion. DSV had a return on equity of 9.38% and a net margin of 2.41%. On average, equities research analysts predict that DSV will post 4.84 EPS for the current fiscal year.

DSV Company Profile

DSV A/S (OTCMKTS:DSDVY) is a Danish global transport and logistics company that provides end-to-end supply chain solutions to businesses across a wide range of industries. The firm’s core services include road transport, air freight, ocean freight, freight forwarding, contract logistics and warehousing, together with customs clearance, distribution and value‑added services designed to support complex international supply chains.

Founded in the mid-1970s in Denmark, DSV has grown through a mix of organic expansion and strategic acquisitions, notably strengthening its global freight and forwarding capabilities through transactions such as the acquisitions of UTi Worldwide and Panalpina.